Lulo Bank
ColombiaFintechFounded 2020
Lulo Bank is a Colombian neobank that provides digital banking services aimed at making financial management more accessible and rewarding. It offers a mobile-first platform where users can open savings accounts with interest, obtain payroll accounts (Lulo Pro) with cashback on purchases, invest in digital Certificates of Deposit (CDTs) from as little as 100,000 COP, and apply for credit lines up to 50 million COP. The bank targets individual consumers and businesses in Colombia, differentiating itself with zero fees on transfers, withdrawals at Servibanca ATMs, and competitive interest rates on savings and investments. As of early 2025, Lulo Bank has surpassed 600,000 customers and secured $200 million in funding to further democratize banking in the country.
Key people
- Ignacio Giraldo CEO
- Santiago Covelli Cofounder and CEO